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Tasmania’s top builders delivered a remarkable 57.8 per cent increase in new home starts compared to 2023/24.
“This is a fantastic result for Tasmania, with a pickup in home building activity expected as interest rates are cut and buyers return to market,” said Benjamin Price, HIA Executive Director Tasmania.
“The top five Tasmanian home builders commenced 625 new homes across the state in 2024/25, up from 398 the previous year.
“That’s a 26 per cent market share by the top five builders for Tasmanian housing starts – a clear sign of confidence and capability among our leading builders.”
Among the Housing 100 builders contributing to Tasmania’s strong performance were:
“These builders have played a key role in lifting Tasmania’s housing activity and meeting the needs of Tasmania’s growing communities,” Mr Price added.
“Their commitment to quality and delivery is helping to shape the future of housing in our state.
“It also provides employment opportunities for young Tasmanians looking to get into the industry and carve a viable and attractive career pathway.
The Housing 100 Report, sponsored by Colorbond® steel, ranks Australia’s largest residential builders by the number of home starts each year.
Nationally, the report shows a strong rebound in building activity, with 64,407 homes commenced by the top 100 builders in the country – an 11 per cent increase on the previous year.
“With interest rates easing, population growth continuing, and construction costs stabilising, the outlook for home building in Tasmania is positive.
“We expect this momentum to continue as builders respond to the needs of Tasmanian families and our growing communities,” Mr Price said.
For copies of the publication (media only) contact Kirsten Lewis on k.lewis@hia.com.au
“The Housing Industry Association (HIA) is pleased to welcome Minister Andrew Giles to the HIA NT Skills Centre in Darwin, providing an opportunity to showcase the Northern Territory’s training pipeline and discuss the continued challenges facing the local residential building industry,” HIA Executive Director Northern Territory, Luis Espinoza, said today.
The Federal Government, through Housing Australia, has announced a third round of funding, in support of its commitment to the building of 1.2 million homes over the next 5 years.
The Housing Industry Association (HIA) today welcomed Premier Rockliff’s announcement of the Tasmanian Government’s next 100-day plan, which commits a suite of housing and planning reforms to fast-track new homes and cut red tape.
The Queensland Government recently announced the next phase of the ‘Building Reg Reno’ reforms, including various changes under the Queensland Building and Construction Commission and Other Legislation Amendment Bill 2025.